Law Degree from Florida Agricultural and Mechanical University Return on Investment

See what the return on investment is for jobs that someone with a Law degree from Florida Agricultural and Mechanical University is likely to work in.

F D C B A
Approximate Total Payment $293,429
Approximate Total Interest $83,050
Monthly Payment $2037.70
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in law from florida agricultural and mechanical university

Lawyers

Projection Rating: B-

Median Annual Wage: $145,760

Percentage of Paycheck to Repay: 16.78%-12.48%

Employment Change: 44.2%

Entry-Level Education: Doctoral or professional degree

Judges, magistrate judges, and magistrates

Projection Rating: B-

Median Annual Wage: $148,910

Percentage of Paycheck to Repay: 16.42%-12.22%

Employment Change: 0.9%

Entry-Level Education: Doctoral or professional degree

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When considering a law degree from Florida Agricultural and Mechanical University (FAMU), understanding the return on investment (ROI) is crucial. FAMU's College of Law is dedicated to providing a high-quality legal education that prepares students for successful careers in law. With a strong emphasis on practical experience, FAMU equips graduates with the skills necessary to excel in various legal fields.

One of the key factors contributing to the ROI of a law degree from FAMU is the affordable tuition compared to other law schools in Florida. This financial accessibility allows students to minimize their debt while obtaining a respected degree. Additionally, FAMU's commitment to diversity and inclusion creates a rich learning environment that enhances networking opportunities and fosters a supportive community.

Graduates from FAMU have a solid track record of passing the bar exam, which is essential for starting a legal career. The university's strong connections with local law firms, government agencies, and nonprofit organizations provide students with valuable internship opportunities that can lead to full-time employment after graduation. These connections not only enhance the educational experience but also significantly boost the potential ROI.

Moreover, FAMU's alumni network plays a vital role in career advancement. Graduates who have successfully navigated their legal careers often return to mentor current students, providing guidance and support that can lead to job placements and career growth. This sense of community is invaluable and contributes to the long-term ROI of a FAMU law degree.

In conclusion, pursuing a law degree from Florida Agricultural and Mechanical University offers a promising return on investment. With affordable tuition, strong bar passage rates, extensive networking opportunities, and a supportive alumni network, FAMU prepares its students for a successful future in law, making it a smart choice for aspiring legal professionals.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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